Surplus to Continuing Operations of Hines Precision Inc
Featuring Machinery & Equipment Used to Manufacture Shafts for Power Generation & Electrical Motor Shafts - 1.5" to 13" Diameter x 10' Long Including: ELWELL PARKER 30,000 lb. LPG Forklift, NATIONAL Long Stroke Cold Header, MORI SEIKI TL-40B & ZL-35B Turning Centers, OKUMA LB45 II Turning Center, (3) VMC's, (2) SHIBAURA & SHIGIYA CNC Cylindrical Grinders, (2) Facing & Centering Machines, WARNER SWASEY M-3580 Big Bore Square Head Turret Lathe, LODGE & SHIPLEY 28” x 192” Heavy Duty Engine Lathe, (14) Engine Lathes - from 22” x 120” to 13” x 24” Capacity, (15) Fourslides, AGIE Die Sinker EDM, Mills, Surface Grinders, Saws, Drills, Welders, & Factory Support Equipment
Sale Date
11/04/2025
10:00 AM Eastern Time
Inspection
Sale preview will be held on Monday, November 3, from 9 AM to 4 PM ET, or by appointment. Please schedule your inspection appointment in advance by calling +1-847-545-6374.
Payment
An 18% Buyer's Premium will be charged on all assets purchased by buyers providing full payment is made within 48 hours following the sale. Acceptable forms of payment are cashier's check, company check (with bank letter of guarantee) or wire transfer within 48 hours of the sale close. For any Buyers failing to pay within the 48 hour stated payment period, the Buyer's Premium will be increased to 20%. All invoices paid with a credit card are subject to a 20% Buyer's Premium, and credit card payments are only allowed up to a maximum of $2,000 per auction. Everything will be sold to the highest bidder, in accordance with the Auctioneer's customary "Terms of Sale", copies of which will be posted on the Auctioneer’s website and subject to additional terms announced the day of sale. All items are sold "As is, Where is" without any warranty, express or implied.
Removal
All items must be removed by Friday, November 21. All removal is strictly on an appointment only basis. Anyone removing purchased items with a lift truck or another powered vehicle must have a certificate of insurance with a $2M General Liability policy, the policy must include a Worker's Compensation rider, and that certificate of insurance must be provided to the auctioneer for review and approval prior to the auction.
Important Information
Pre-Auction Offers Invited for Major Assets